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Home » Newsletters » BioWorld MedTech

BioWorld MedTech

May 12, 2016

View Archived Issues

To prevent abuse, China drafts new rules on administration of expensive devices

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Senate report shines harsh spotlight on POD influence on decisions

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Appointments and advancements

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Financings

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Product Briefs

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Daily M&A

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Other News to Note

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Keeping you up to date on recent developments in Orthopedics

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Robotic surgery player Transenterix reveals layoffs in face of the FDA's Surgibot rejection

Struggling robotic surgery aspirant Transenterix Inc. is cutting staff in the U.S. and shifting its focus on the heels of the FDA's rejection of its Surgibot surgical robot. The Morrisville, N.C.-based company is instead aiming to secure FDA clearance of the CE-marked Alf-X surgical robot in 2017. A successful submission is crucial because company reported an operating loss nearly $15 million during the quarter, and said it has $75 million of cash-on-hand, enough to fund itself through the third quarter of 2017. Read More

Aetna covers monitors for afib/stroke, decides against mobile units

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